EXEL OYJ STOCK EXCHANGE RELEASE 9.1.2009 at 10.30 DISCLOSURE UNDER CHAPTER 2, SECTION 10 OF THE FINNISH SECURITIES MARKETS ACT Exel Oyj has received from Veikko Laine Oy the attached notification referred to in Chapter 2, Section 9 of the Finnish Securities Markets Act on a change in holdings. Vantaa, 9 January 2009 Exel Oyj Vesa Korpimies President and CEO FURTHER INFORMATION: Mr. Vesa Korpimies, President, Exel Oyj, tel. +358 50 590 6754, or email vesa.korpimies@exel.net Mr. Ilkka Silvanto, CFO, Exel Oyj, tel. +358 50 598 9553, or email ilkka.silvanto@exel.fi ATTACHMENT Veikko Laine Oy's notification DISTRIBUTION NASDAQ OMX Helsinki Ltd. Main news media www.exel.net NOTIFICATION REFERED TO IN CHAPTER 2, SECTION 9 OF THE FINNISH SECURITIES MARKETS ACT ON A CHANGE OF HOLDINGS The holdings of Veikko Laine Oy have exceeded 1/20 of the voting rights and share capital in Exel Oyj. Under Chapter 2, Section 9, of the Securities Markets Act, we hereby notify the Financial Supervisory Authority and Exel Oyj of the following: 1. Name of the company in which holdings have been acquired Exel Oyj 2. Reason for the notification Share purchases made yesterday 8 January 2009 3. Date of change in holdings 8 January 2009 4. Exact proportion of voting rights and share capital in Exel Oyj Holdings by Veikko Laine Oy in Exel Oyj are now as follows: Number of shares: 618 896 Proportion of share capital: 5.2% Proportion of voting rights: 5.2% The share capital of Exel Oyj comprises a total of 11 896 843 shares entitling to a total of 11 896 843 votes. 5. Shareholder's complete name, business identity code Veikko Laine Oy, business identity code 0110592-0. Exel is a technology company which designs, manufactures and markets composite profiles and tubes for industrial applications and sports equipment. The personnel´s expertise and high level of technology play a major role in Exel´s operations. The core of the operations is based on proprietary, internally developed composite technology, product range based on it and the domination of selected market segments with a strong quality and brand image. The Company´s growth is based on permanent search of new applications and development in co-operation with customers. Exel concentrates on niche segments and on profitable growth. Exel's share is listed in the Small Cap segment of NASDAQ OMX Helsinki Ltd.
Disclosure under Chapter 2, Section 10 of the Finnish Securities Markets Act
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